The Joint Board of Appeal of the European Supervisory Authorities (ESA) - EBA, ESMA and EIOPA - handed down its decision on Monday 5 January concerning the costs associated with the appeal brought by NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni and NOVIS Poisťovňa a.s. against the European Insurance and Occupational Pensions Authority (EIOPA).
The Board ordered EIOPA to reimburse the insurance company €54,479. These costs are subject to interest at a rate of 5.65% from the date of notification of the decision.
The dispute between the two parties stems from an earlier procedure relating to access to documents. EIOPA refused access to all the documents requested by the company, invoking three of the exceptions provided for in Regulation 1049/2001 and taking the view that access to the documents requested should be refused because they contained confidential information. In July 2024, the Board condemned EIOPA.
The dispute therefore concerns the amount of EIOPA's costs to Novis.
Read the Board’s decision: https://aeur.eu/f/k6c (Original version in French by Anne Damiani)